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What returns can you expect?

OGGY VAN OPERATION

Illustrative Model Operation from an industrial unit - owner driving

Two vans Three vans Four vans
Sales Deliveries Mon - Fri £160,000 £240,000 £320,000
Sat & Events 10,000 10,000 10,000
170,000 250,000 330,000
Cost of Sales 43% 73,100 107,500 141,900
Wastage 2% 1,450 2,150 2,850
Gross Margin 95,450 140,350 185,250
Insurances 3,200 4,500 5,800
Fuel 6,400 9,600 12,800
Road Tax 360 540 720
Servicing 600 900 1,200
Sundries 800 1,600 2,400
Drivers 13,000 26,000 39,000
Operating Costs 24,360 43,140 61,920
Management Fee 6.0% 10,200 15,000 19,800
Based on turnover net of VAT, payable weekly to Franchisor
Operating Profit 60,890 82,210 103,530
Van lease costs 15,300 22,950 30,600
Equipment lease costs 5,000 5,000 5,000
Industrial unit costs rent, rates, utilities 13,000 13,000 13,000
Profit after leases 27,590 41,260 54,930
Note: Above costs do not include Cost of Finance related to start-up costs of approximately £28,495 (figure does not include initial working capital).

Please note: these figures are to be used for illustrative purposes only. They are based upon financial information gathered from various operating units throughout the country and represent an assessment of anticipated operating ratios and 'typical costs and expenses experienced by existing Franchisees in running, working within and managing an Oggy Oggy Pasty Van business.

The Oggy Oggy (Distribution) Company Ltd can neither warrant nor guarantee any levels of performance. above figures are based upon the unit being run by franchisees, working and managing the business and are not illustrative of a unit run under management which will entail higher costs.

The success of the venture will very much depend on the efforts and determination of the franchisee.